Sun, Feb 4, 2024 3:52 PM
RBI interest rate decision, global trends, earnings to dictate stock market
A Flip by Shubhangi Gupta
Private sector lender Bandhan Bank on Saturday, January 4, announced its business updates for the October-December quarter. The lender's loans and advances rose 15% year-on-year to ₹133,285 crore, compared to ₹115,940 crore in the corresponding period of last year. Sequentially, it rose 2%. Total deposits climbed 20% year-on-year to ₹140,999 crore as against ₹117,422 crore in the same period...
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Following weak global market cues on selling in the US stock market for five straight sessions, the Indian stock market ended lower on Friday. The Nifty 50 index lost 183 points but sustained above the crucial 24,000 mark. Regarding buy or sell stocks for Monday, Sumeet Bagadia recommended buying these three shares: 📌Nestle India, 📌Reliance Industries, and 📌Maruti Suzuki India.
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NTPC Renewable Energy Ltd. emerges as a successful bidder in UPPCL's e-reverse auction, securing 1000 MW capacity at ₹2.56 per kWh, and commences commercial operations for the first part of its 200 MW solar project in Gujarat, increasing the NTPC group's total installed and commercial capacity to 76,598.18 MW.
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